MBNA hoping to crack Egg deal

US credit card firm MBNA was today reported to be lining up a £900m (€1.3bn) bid for online bank Egg.

MBNA hoping to crack Egg deal

US credit card firm MBNA was today reported to be lining up a £900m (€1.3bn) bid for online bank Egg.

MBNA is understood to have already hired advisers and is expected to make a formal approach shortly to Prudential, the insurer that owns 79% of Egg.

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